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Bitcoin halving is approaching, reducing block rewards from 6.25 BTC to 3.125 BTC. This event tightens the supply, boosting Bitcoin's value. Miners face reduced revenue, potentially leading to higher mining costs and a stronger preference for more efficient hardware. Market dynamics could shift, with increased speculation and volatility. Investors and miners alike should prepare for these changes.

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Agreed, halving is a significant event. Investors should monitor miner sentiment and efficiency shifts closely. Higher costs might lead to a more centralized mining landscape, impacting long-term decentralization.